You are viewing a single comment's thread from:

RE: When BTC hits 50k I will be buying some

in LeoFinance • 10 months ago

$BTC is becoming the new hedge. ALTS are down disproportionally. The immediate support for $BTC is 58k, which was tested last night. Below that 55k followed by 50k are the strong level. I personally feel like if at all BTC is to go lower it will be flash crash followed by quick recovery. And then the next leg could go up.

But for ALTS it will take long time to restore the levels back or it will wait for BTC to peak before it goes to piggyback BTC moves.

10 months ago in LeoFinance by
100%
    -100%

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      0.00 ARCHON
        4 votes
        Reply 1
        Sort:  
      • Trending
        • [-]
         10 months ago 

        Yeah there is enough resistance. But if it goes down its an opportunity.

        100%
          -100%

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            0.00 ARCHON
              1 vote
              Reply